The ongoing FM radio frequency e-auctions figured in prime minister Narendra Modi’s Independence Day speech. “I came under a lot of pressure. People said to me, Modiji radio is for the poor. There is no income to be had from it. Don’t auction this.” There used to be no income from radio airwaves, he said. Now the bidding from the ongoing Phase 3 e-auctions has crossed Rs 1000 crore and this money will be used for the poor, he added.